Mary Dinn Reynolds Methodist Foundation
- Assets
- $723.9k
- Revenue
- $42.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Alice, TX
- Founding
- 06/1969
- Data as of
- 12/2021
- EIN
- 74-6085324
Organization Overview
Mary Dinn Reynolds Methodist Foundation is located in Alice, TX. The organization was established in 1969. According to its NTEE Classification (X21) the organization is classified as: Protestant, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mary Dinn Reynolds Methodist Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Mary Dinn Reynolds Methodist Foundation generated $42.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (3.7%) each year. All expenses for the organization totaled $36.8k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (0.5%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Mary Dinn Reynolds Methodist Foundation has awarded 37 individual grants totaling $250,254. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Burris Trustee | 0 | $0 | |
Kirk Baxter Chairman | 0 | $0 | |
Clyde Wright Secretary | 0 | $0 | |
Bill Acker Trustee | 0 | $0 | |
Kevin Downes Treasurer | 0 | $0 | |
Dee Dee Sisson Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $7,716 |
| Dividends & Interest | $10,255 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $12,992 |
| Capital Gain Net Income | $12,992 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $11,971 |
| Total Revenue | $42,934 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,156 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $90 |
| Other expenses | $40 |
| Total operating and administrative expenses | $1,971 |
| Contributions, gifts, grants paid | $34,878 |
| Total expenses and disbursements | $36,849 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $16,538 |
| Savings and temporary cash investments | $707,348 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $723,886 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Mary Dinn Reynolds Methodist Foundation has awarded $34,878 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
1ST UNITED METHODIST CHURCH GENERAL PURPOSE: GENERAL FUND | $14,878 |
1ST UNITED METHODIST CHURCH CAPITAL PURPOSE: CAPITAL IMPROVEMENT | $8,000 |
1ST UNITED METHODIST CHURCH PLAYDAY PURPOSE: PLAYDAY | $5,000 |
Alice, TX PURPOSE: FOOD PANTRY | $3,000 |
1ST UNITED METHODIST CHURCH WESLEY PURPOSE: WESLEY NURSE | $3,000 |
1ST UNITED METHODIST CHURCH NEEDY PURPOSE: NEEDY FUND | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
New Orleans Mission Inc New Orleans, LA | $5,963,143 | $11,588,055 |
Presbyterian Village Inc Little Rock, AR | $7,163,719 | $8,947,997 |
Village At Gleannloch Farms Inc Austin, TX | $0 | $0 |
City Of Faith Prison Ministries Monroe, LA | $6,013,159 | $9,077,995 |
Usatransform Southlake, TX | $4,678,487 | $10,648,450 |
Iglesia Bethel Ministries Inc San Antonio, TX | $9,077,539 | $1,090,041 |
Powerpoint Ministries Plano, TX | $1,308,223 | $5,704,956 |
Permanent Endowment Fund Of The Moody Memorial First United Method Galveston, TX | $123,313,594 | $19,045,257 |
Greater St Stephen Ministries New Orleans, LA | $35,746,422 | $4,835,716 |
Abundant Rain Ministries Inc Coweta, OK | $1,184,763 | $4,705,451 |
Reaching Souls International Inc Oklahoma City, OK | $9,096,171 | $6,014,810 |
La Promesa Foundation Midland, TX | $6,255,131 | $5,059,198 |